Trump makes another key change to US tariffs
Electronics imported to the United States will be exempt from President Donald Trump’s reciprocal tariffs, according to a US Customs and Border Protection notice posted late Friday.Smartphones, computer monitors and various electronic parts are among the exempted products. The exemption applies to products entering the United States or removed from warehouses as early as April 5, according to the notice.
Roughly 90% of Apple’s iPhone production and assembly is based in China, according to Wedbush Securities’ estimates.Analysts at Wedbush on Saturday called the tariff exclusion, “the best news possible for tech investors.
